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Started By
Message
Unit Investment Trusts
Posted on 12/8/25 at 12:34 pm
Posted on 12/8/25 at 12:34 pm
What is the board's opinion on these?
Posted on 12/8/25 at 1:05 pm to wmtiger69
is your edward jones salesman trying to talk you into this?
Posted on 12/8/25 at 2:09 pm to Fat Bastard
quote:
edward jones salesman
Lord, I'm fixing to get crucified on here, but I probably deserve it. All State financial services.
This post was edited on 12/8/25 at 2:37 pm
Posted on 12/8/25 at 2:13 pm to wmtiger69
So you already know everyone here is going to tell you not to use an insurance firm for investments.
Posted on 12/8/25 at 2:26 pm to wmtiger69
Oh this should end well lol
Posted on 12/8/25 at 2:31 pm to wmtiger69
quote:
Lord, I'm fixing to crucified on here, but I probably deserve it. All State financial services.
keep your investments and your insurance products completely separate. insurances are not investments no matter what they say
Posted on 12/8/25 at 2:33 pm to TorchtheFlyingTiger
quote:
insurance firm for investments.
What firm would be recommended for someone who doesn't know anything about this? I'm self employed and would invest money every month.
Posted on 12/8/25 at 2:52 pm to wmtiger69
open an IRA at vanguard
choose an index fund or two
set up your allocation preference
set up recurring bank draft every month
pat yourself on the back for a job well done
choose an index fund or two
set up your allocation preference
set up recurring bank draft every month
pat yourself on the back for a job well done
Posted on 12/8/25 at 3:19 pm to wmtiger69
Schwab, Fidelity, Vanguard or even Robinhood (although I'll take heat for this). Read JL Collins' Simple Path to Wealth and if it makes sense manage it yourself. If you think you need help at least you have a baseline of knowledge to work from when vetting an advisor or picking a roboadvisor.
Posted on 12/8/25 at 3:29 pm to TorchtheFlyingTiger
quote:only thing about RH that makes me not use it is that they are actively and aggressively selling your data. otherwise, its an investing platform just like all the others and is probably even easier to use if you have discipline (avoid the gamification aspects)
Robinhood (although I'll take heat for this)
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